As of 2026-02-09, the Relative Valuation of Electrovaya Inc (ELVA.TO) is 1.55 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 12.05 CAD, the upside of Electrovaya Inc based on Relative Valuation is -87.1%.
The range of the Relative Valuation is 1.30 - 1.82 CAD.
| Range | Selected | |
| Trailing P/E multiples | 21.6x - 22.1x | 21.8x |
| Forward P/E multiples | 19.5x - 19.9x | 19.7x |
| Fair Price | 1.30 - 1.82 | 1.55 |
| Upside | -89.2% - -84.9% | -87.1% |
| Date | P/E |
| 2026-02-06 | 146.48 |
| 2026-02-05 | 136.27 |
| 2026-02-04 | 152.68 |
| 2026-02-03 | 185.38 |
| 2026-02-02 | 186.47 |
| 2026-01-30 | 177.60 |
| 2026-01-29 | 172.37 |
| 2026-01-28 | 175.17 |
| 2026-01-27 | 179.54 |
| 2026-01-26 | 172.86 |
| 2026-01-23 | 183.19 |
| 2026-01-22 | 185.38 |
| 2026-01-21 | 179.67 |
| 2026-01-20 | 177.36 |
| 2026-01-19 | 172.74 |
| 2026-01-16 | 166.29 |
| 2026-01-15 | 152.80 |
| 2026-01-14 | 146.36 |
| 2026-01-13 | 143.44 |
| 2026-01-12 | 150.98 |
| 2026-01-09 | 149.52 |
| 2026-01-08 | 146.24 |
| 2026-01-07 | 145.99 |
| 2026-01-06 | 145.75 |
| 2026-01-05 | 142.23 |
| 2026-01-02 | 133.59 |
| 2025-12-31 | 131.77 |
| 2025-12-30 | 129.10 |
| 2025-12-29 | 130.19 |
| 2025-12-24 | 131.53 |
| 2025-12-23 | 128.85 |
| 2025-12-22 | 124.96 |
| 2025-12-19 | 114.15 |
| 2025-12-18 | 113.66 |
| 2025-12-17 | 106.00 |
| 2025-12-16 | 109.89 |
| 2025-12-15 | 111.11 |
| 2025-12-12 | 109.65 |
| 2025-12-11 | 116.21 |
| 2025-12-10 | 90.44 |
| 2025-12-09 | 90.08 |
| 2025-12-08 | 89.10 |
| 2025-12-05 | 89.71 |
| 2025-12-04 | 89.35 |
| 2025-12-03 | 83.03 |
| 2025-12-02 | 79.50 |
| 2025-12-01 | 78.16 |
| 2025-11-28 | 79.38 |
| 2025-11-27 | 79.14 |
| 2025-11-26 | 79.01 |